Bank failure · IL

Investors S&la (Fairview Heights, IL) — failed September 10, 1982

Investors S&la of Fairview Heights, Illinois was closed on September 10, 1982 and resolved through a a/a. Fidelity Fs&la (IL) took over its insured deposits. At failure it held $48.1M in assets and $39.8M in deposits. The FDIC's estimated loss on the failure is $949K (2.0% of assets).